Humptulips, Washington Property Taxes
The median property tax rate in Humptulips, WA is 1.38%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Humptulips, the typical annual property tax bill reaches $1,306, which is below the national median of $2,690. Property taxes in Humptulips are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Humptulips' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Humptulips or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Humptulips, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,659
$1,620
Ownwell’s Humptulips Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Humptulips with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Humptulips to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Humptulips, Washington
Property taxes in Humptulips, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Humptulips is 1.38%, significantly higher than the U.S. national median of 0.99%. Local government entities within Humptulips set these rates annually, and they can vary across different neighborhoods. Each year, Humptulips estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Humptulips' effective property tax rate to other areas in Washington and the national median. For comparison, the 98552 zip code has the highest median property tax rate of 1.38%, while the same zip code also has the lowest median tax rate of 1.38%. Understanding how these areas compare with Humptulips provides valuable insights into the varying tax landscape across Grays Harbor, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Humptulips Tax Rate
1.38%
Average Grays Harbor County Tax Rate
1.12%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Humptulips, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98552 | 0.54% | 1.11% | 1.38% | 1.70% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Humptulips, Washington
In Humptulips, Washington, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by Grays Harbor County for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Humptulips, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in Humptulips is $120,190, with property tax bills ranging from $644 at the 25th percentile to $2,672 at the 90th percentile. Interestingly, the highest and lowest median tax bills in the area are both $1,306, found in the 98552 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Humptulips Assessed Value
$120,190
Average Grays Harbor County Assessed Value
$186,974
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Humptulips, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98552 | $32,302 | $64,834 | $120,190 | $142,750 | $223,100 |
Source: Ownwell
Property Tax Bills Across Humptulips, Washington
Property tax bills in Humptulips, located in Grays Harbor County, WA, are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county assessor. For a median home price of $120,190, the property tax rate is applied to calculate the annual tax bill. In Humptulips, the property tax bills vary significantly, with the 25th percentile paying around $644 and the 75th percentile paying about $2,071. At the higher end, the 90th percentile faces a tax bill of approximately $2,672. These taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners in this region should be aware of their property's assessed value and the corresponding tax rate to anticipate their annual tax obligations. Comparing these figures to the national median property tax rate of 0.99% can provide additional context on how local taxes impact homeowners financially.
Average Humptulips Tax Bill
$1,306
Average Grays Harbor County Tax Bill
$1,990
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Humptulips, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98552 | $319 | $644 | $1,306 | $2,071 | $2,672 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Grays Harbor Tax Assessor | |
| Website | graysharborwa-taxsifter.publicaccessnow.com |